What's News

BUSINESS & FINANCE

The Texas electricity producer formerly known as TXU, which once made headlines as the biggest leveraged buyout in U.S. history, is now laying groundwork for one of the biggest debt restructurings.

Subscriber ContentRead Preview

Short-circuits inside a battery triggered a fire on a Boeing 787, said U.S. investigators, who also found that the safety approval process for the power devices was flawed.

Subscriber ContentRead Preview

New York's top prosecutor has launched an inquiry into the three major credit-ratings firms, opening another legal front for the industry.

Subscriber ContentRead Preview

Greenlight's Einhorn sued Apple in a bid to block an Apple shareholder shareholder proposal that he argues could limit how the company could return some of its cash pile to investors.

WORLD-WIDE

Subscriber ContentRead Preview

A strong winter storm hit the U.S. Northeast. The potentially historic blizzard put parts of the region in a virtual transportation lockdown, with the Massachusetts and Connecticut governors ordering cars off the road. Trains and airlines halted service. As much as 3 feet of snow was expected across New England. The storm will put a strain on local snow-removal firms, which have been struggling financially.

Subscriber ContentRead Preview

Senior U.S. officials are pressing to mark for kill or capture the self-proclaimed mastermind of an Algerian gas-plant attack.

Subscriber ContentRead Preview

A suicide bomber targeted Malian soldiers, the first report of such an attack since the start of an offensive against al Qaeda-linked militant groups.